William Blair Issues Positive Forecast for LII Earnings

Lennox International Inc. (NYSE:LII) – Equities research analysts at William Blair lifted their Q4 2024 earnings per share estimates for shares of Lennox International in a note issued to investors on Wednesday, January 15th. William Blair analyst R. Merkel now expects that the construction company will post earnings of $4.40 per share for the quarter, up from their previous estimate of $4.19. The consensus estimate for Lennox International’s current full-year earnings is $21.19 per share. William Blair also issued estimates for Lennox International’s Q2 2025 earnings at $7.64 EPS and Q3 2025 earnings at $7.22 EPS.

Lennox International (NYSE:LII) last released its quarterly earnings results on Wednesday, October 23rd. The construction company reported $6.68 EPS for the quarter, topping the consensus estimate of $5.95 by $0.73. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.42 billion. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the previous year, the company posted $5.37 EPS.

Other research analysts have also issued reports about the company. Barclays upped their target price on Lennox International from $624.00 to $674.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. Royal Bank of Canada upped their target price on Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. UBS Group upped their target price on Lennox International from $575.00 to $625.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. KeyCorp lowered Lennox International from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, October 15th. Finally, Mizuho upped their target price on Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Lennox International presently has a consensus rating of “Hold” and a consensus price target of $590.50.

Lennox International Trading Up 2.6 %

LII opened at $664.16 on Monday. The stock has a fifty day moving average price of $638.00 and a 200-day moving average price of $603.13. Lennox International has a 12 month low of $412.09 and a 12 month high of $682.50. The firm has a market cap of $23.66 billion, a price-to-earnings ratio of 31.54, a PEG ratio of 1.91 and a beta of 1.11. The company has a current ratio of 1.39, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10.

Hedge Funds Weigh In On Lennox International

A number of hedge funds have recently bought and sold shares of the business. Rappaport Reiches Capital Management LLC raised its holdings in shares of Lennox International by 11.9% during the fourth quarter. Rappaport Reiches Capital Management LLC now owns 1,139 shares of the construction company’s stock valued at $694,000 after acquiring an additional 121 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH raised its holdings in shares of Lennox International by 46.1% during the fourth quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 10,550 shares of the construction company’s stock valued at $6,478,000 after acquiring an additional 3,330 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Lennox International by 360.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 341 shares of the construction company’s stock valued at $208,000 after acquiring an additional 267 shares during the last quarter. Tilia Fiduciary Partners Inc. raised its holdings in shares of Lennox International by 0.7% during the fourth quarter. Tilia Fiduciary Partners Inc. now owns 4,628 shares of the construction company’s stock valued at $2,820,000 after acquiring an additional 30 shares during the last quarter. Finally, Harbor Capital Advisors Inc. raised its holdings in shares of Lennox International by 3.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 681 shares of the construction company’s stock valued at $415,000 after acquiring an additional 20 shares during the last quarter. Hedge funds and other institutional investors own 67.07% of the company’s stock.

Insider Transactions at Lennox International

In other Lennox International news, Director Sherry Buck sold 500 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $660.74, for a total transaction of $330,370.00. Following the transaction, the director now owns 1,693 shares in the company, valued at approximately $1,118,632.82. This represents a 22.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John D. Torres sold 581 shares of the stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $620.98, for a total value of $360,789.38. Following the transaction, the executive vice president now owns 4,668 shares in the company, valued at $2,898,734.64. This represents a 11.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,106 shares of company stock worth $1,353,233 over the last quarter. 10.40% of the stock is currently owned by insiders.

Lennox International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $1.15 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.69%. Lennox International’s payout ratio is 21.84%.

About Lennox International

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.